PolicyMe

Avg. Rating: 5.0 (3 reviews)

PolicyMe is an online life insurance company that allows Canadians to buy term life insurance in minutes, 100% online, at the most affordable price. PolicyMe has simplified all the unnecessary bells and whistles in the traditional life insurance process, resulting in a fully-underwritten term life policy that’s fast, easy and affordable. PolicyMe’s term life policy also has the most competitive pricing in Canada.

Personalize your policy details and get your estimated rate in seconds. No phone call or meeting required. Most get instantly approved! Your application is automatically reviewed as soon as it’s submitted.

PolicyMe is available in Ontario, BC, Alberta, Manitoba, New Brunswick, Nova Scotia.

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  • TIME IN BUSINESS: Since 2018
  • # OF CUSTOMERS: Over 1,000
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1- 866-999-7457

info@policyme.com 325 Front Street W, Suite 400, Toronto, ON, M5V 2Y1
Call Center: Mon - Thu: 9:00 am and 8:00 pm (EST) Fri - 9:00 am and 5:30 pm
Support Offered:
  • Phone Support
  • Email Support
  • Social Media
  • Blog
  • Guides & Resources
  • Educational Videos
Availability: All of Canada, except Quebec, Saskatchewan, New Brunswick and Newfoundland

Products Offered

Below are all the products offered by this company.

Product Information:

  • PolicyMe is a 100% digital insurance company, meaning they are able to cut a lot of costs – and a lot of the annoying parts – of applying for, and getting life insurance. Everything is done online!
  • Their application takes about 15 minutes to complete, and most people get their decision instantly.
  • PolicyMe is proud to offer the best coverage for a lower price, and they’re not planning on changing that anytime soon.

Coverage Information:

  • Age Range: 18 – 75 years of age
  • Min Coverage: $100,000
  • Max Coverage: $5,000,000
  • Terms: 10, 15, 20, 25, 30 Years

Benefits:

  • PolicyMe helps Canadians save up to 50% on your life insurance
  • Easy online application takes just minutes to complete
  • Behind PolicyMe’s company is a team of licensed advisors ready to answer all of your questions
  • PolicyMe is partnered with some insurance giants to ensure that your claims will be honoured for decades to come.

Frequently Asked Questions About PolicyMe

What Regions Does PolicyMe Service?

PolicyMe is available in all of Canada, with the exception of Quebec, Saskatchewan, New Brunswick and Newfoundland.

How Does PolicyMe Make Money?

PolicyMe is an online life insurance company that allows Canadians to buy term life insurance in minutes, 100% online, at the most affordable price.

Is PolicyMe affiliated with any insurance companies?

As a third party administrator, PolicyMe offers policies issued by Canadian Premier Life Insurance Company (est. 1955), which has an A (Excellent) rating* from A.M. Best and serves 2+ million customers. Policies are reinsured by RGA (est. 1973) which holds an A+ (Superior) rating* from A.M. Best. Together, these insurance giants, which are two of the most respected and highly-rated insurance carriers in Canada, have paid out billions of dollars in insurance claims.

Why should I use PolicyMe?

On average, PolicyMe rates are roughly 10% - 20% lower than other insurers in Canada. Instant decisions help you find out if you’re approved for coverage instantly.

Is PolicyMe Safe?

Yes, PolicyMe has been in business since 2018 and they work with some of the top life insurance companies in Canada. They've helped thousands of Canadians save money on their life insurance and they have high ratings on their online reviews.

PolicyMe Reviews

Avg. Rating: 5.0 (3 reviews)
Simple

I’ve had some bad experiences with life insurance in the past, and PolicyMe really simplified everything for me. It took me less than 10 minutes to apply for my policy, and then the team there took care of the rest. Shout out to Laura and Tobin for answering a lot of my annoying questions! Would recommend PolicyMe to my friends and family. (via Google Reviews)

Zaafir
Saved big

I saved over $300 by going with PolicyMe instead of another insurance broker that gave me his quotes.

Mel
So convenient

I love that you can get life insurance from home! Don't need to go anywhere and it's done. Really good service.

Angelica

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